Wednesday, 26 October 2011

Gold Buyers In Vancouver Think Gold Prices May Double Over Next Five Years

Uploaded by vangoldsilver on 25 Oct 201125-Oct (Reuters) — The International Monetary Fund is considering taking part in a special investment vehicle being proposed by the euro zone bailout fund but has not made a decision yet, euro zone officials said on Tuesday."The IMF has indicated that they are considering it — they have not taken a position," one euro zone official said. "It will all depend on the whole package."Euro zone leaders are expected to approve a plan on Wednesday to increase the fire power of the European Financial Stability Facility, a 440 billion euro bailout fund, without euro zone countries having to put more money into it.Under the plan, the EFSF would create a special purpose investment vehicle (SPIV) which would issue debt and use the proceeds to buy bonds of distressed euro zone sovereigns on the secondary market or extend loans to at-risk governments.current gold prices: http://www.vancouvergoldandsilver.comsell gold Vancouver: http://www.goldvancouver.com